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The cashless payment segment held 60% of the car washing service market in 2022 and will be valued at USD 22.5 billion in 2032. The installation of an integrated payment solution, also known as a Point-Of-Sale (POS) system, across pay stations assists car wash business owners in increasing sales & efficiency, and gaining detailed customer insights. Buyers belonging to the millennial generation are more inclined to make payments via tokens, debit cards, loyalty cards, EMV-enabled credit card payments, or smartphone payments. This factor is further boosting business growth.
Car washing service market from roll-over/in-bay type segment was valued at over USD 11.5 billion in 2022 and is expected to witness 4% growth rate during the forecast period. Roll-over or in-bay facilities have lower operating costs than tunnel washes as they use 10 - 50 gallons per car compared to 14 - 60 gallons in a tunnel wash. This is the most profitable section as it saves both client time & money. Touchless washes are also available with in-bay automatic systems, which use high-pressure water to clean the vehicle and soft-cloth brushes to clean & distribute the detergent & shine on the vehicle before it is rinsed off.
North America car washing service market held a significant global share of 35% in 2022 and will is estimated to amass USD 12.5 billion in 2032. The U.S. industry is expected to grow significantly during the forecast period due to the increased demand for car washing & detailing facilities. Around 66% of Americans have their cars washed 13 times a year, i.e., an average number of one to two washes per month. Furthermore, the American government is launching several initiatives to promote environmental-friendly car wash practices, which is expected to drive business statistics. The demand for ceramic coating and car cleaning is increasing in the U.S., which will lead to new opportunities for car wash service providers.